Its a Hard Rain Gonna Fall
This post was written by simon on August 5, 2009
Posted Under: Featured
Posted Under: Featured
The Future Expectations in America
- Expect job creation to continue to drop.
- Expect government money to attempt to hold up the straw man economy, feeding upon itself through taxation and debt creation to stimulate more government spending as if with government intervention GDP’s 1% decline masks the reality that it is closer to 8%.
- Expect the government spending bubble to grow until tax revenues decline to the point where no other nation will purchase the debt of America because its debt to income (GDP) ratio currently at 13% is upside down.
- Expect further deflation as unemployment continues to drop along with wages and salaries.
- Expect small business the life support of America’s economy to be pronounced DOA in 2010 as government regulation and cost suffocates any attempt at economic optimism.
- Expect the Fed to keep printing dollars while deflation keeps inflation in check.
- Expect the market rally now at 40% of the 1933 rally that lasted for 249 days, to begin to show signs of a precipitous drop as the government bubble loses its “tax base” air.
- Expect more states, counties and cities to turn financially upside down as revenues drop but regulations and government jobs to enforce mandates are kept in place.
- Expect prisons and county jails to let criminals out because they cannot support that population.
- Expect gang violence to rise as less and less law enforcement becomes available to support their proclivity for lawlessness.
- Expect the National Guard to come in and supply the law enforcement that localities cannot supply on their own due to lack of funding.
- Expect more foreclosures of homes and commercial properties than have come on the market to date.
- Expect the market in foreclosures to finally end in 2011.
- Expect tax revenues to be so low and governments need so great to support its new socialism that taxes on power and energy soda and cigarettes will not be enough and taxes on the middle class will become inevitable to support government.
- Expect the elected representatives in congress to keep a deaf ear to the majority of America and listen to the special interest money they use to keep themselves in office.
- Expect a worldwide depression as political officials in the global economy borrow, print and expand their money supplies to perpetuate a government run economy in a shrinking industrial, commercial and small business base that has less and less tax money to give.
- Expect the financial government bubble to burst about the time of Comrade President Obama’s reelection campaign.
- Expect lawyers to represent the less fortunate and create more frivolous lawsuits to keep bread and butter upon their tables.
- Expect Obama and Congress to try and grab more power and money from Americans through healthcare taxation, cap and tax, and capital gains tax increases which will drive the final wooden stake in the heart of the economy.
- Expect the war in Afghanistan to turn ugly as Russia does to America what America did to that nation during its war in Afghanistan, and this war is hung around the Messiah’s neck like an albatross.
- Expect the bones of America to dry up in a dark coffin next to the founding fathers buried along with the constitution.
- Expect some children 200 years from today to pull the stake of freedom from the heart of America and again allow capitalism to rise and drink the blood of the totalitarian Marxist-fascists that took away freedom, and liberty through the bastardization of democracy into a soft tyranny of socialism.
- Expect the cycle to begin again!